Standard Life Aberdeen Stock Market Value
| SLFPY Stock | USD 7.03 0.22 3.23% |
| Symbol | Standard |
Standard Life 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Standard Life's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Standard Life.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Standard Life on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Standard Life Aberdeen or generate 0.0% return on investment in Standard Life over 30 days. Standard Life is related to or competes with Flow Capital, and AGF Management. abrdn plc provides asset management services in the United Kingdom, Europe, North America, and Asia More
Standard Life Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Standard Life's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Standard Life Aberdeen upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 14.85 | |||
| Value At Risk | (5.70) | |||
| Potential Upside | 5.89 |
Standard Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Standard Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Standard Life's standard deviation. In reality, there are many statistical measures that can use Standard Life historical prices to predict the future Standard Life's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.76) | |||
| Treynor Ratio | (0.37) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Standard Life's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Standard Life Aberdeen Backtested Returns
Standard Life Aberdeen owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Standard Life Aberdeen exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Standard Life's Coefficient Of Variation of (1,063), variance of 10.48, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The entity has a beta of 0.85, which indicates possible diversification benefits within a given portfolio. Standard Life returns are very sensitive to returns on the market. As the market goes up or down, Standard Life is expected to follow. Standard Life Aberdeen has an expected return of -0.34%. Please make sure to validate Standard Life mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and rate of daily change , to decide if Standard Life Aberdeen performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.76 |
Good predictability
Standard Life Aberdeen has good predictability. Overlapping area represents the amount of predictability between Standard Life time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Standard Life Aberdeen price movement. The serial correlation of 0.76 indicates that around 76.0% of current Standard Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Standard Life Aberdeen lagged returns against current returns
Autocorrelation, which is Standard Life pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Standard Life's pink sheet expected returns. We can calculate the autocorrelation of Standard Life returns to help us make a trade decision. For example, suppose you find that Standard Life has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Standard Life regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Standard Life pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Standard Life pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Standard Life pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Standard Life Lagged Returns
When evaluating Standard Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Standard Life pink sheet have on its future price. Standard Life autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Standard Life autocorrelation shows the relationship between Standard Life pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Standard Life Aberdeen.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Standard Life in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Standard Life's short interest history, or implied volatility extrapolated from Standard Life options trading.
Currently Active Assets on Macroaxis
Check out Standard Life Correlation, Standard Life Volatility and Standard Life Alpha and Beta module to complement your research on Standard Life. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Standard Pink Sheet analysis
When running Standard Life's price analysis, check to measure Standard Life's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Standard Life is operating at the current time. Most of Standard Life's value examination focuses on studying past and present price action to predict the probability of Standard Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Standard Life's price. Additionally, you may evaluate how the addition of Standard Life to your portfolios can decrease your overall portfolio volatility.
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Standard Life technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.